@Lets_Invest I too had same doubt. @Sushil_Sirari has mentioned in his previous post saying that he takes both CE & PE. Just i’m confirming that whether he places both orders at same time.
Hi @Sushil_Sirari If you take both the orders how you are getting profits. Can please explain with example.? That will really help.
- After buy order is executed place fresh sell order (SL or SL-M) with trigger price 97 for stoploss.
- Place Limit sell order at 105 for target.
- If target is hit cancel stoploss order and if stoploss is hit cancel target order.
For Limit Stoploss I will Put Price 97 in Trigger.
What I will Put in Price section of sell order?
You need to specify a range.
eg: tr price 97 price 90 your order will be executed anywhere between 97 to 90. Mostly the order exectes near the trigger price unless there’s a parabolic move.
If you want guaranteed execution use SL-M.
SL-M is safe to use, as it is a market order once the trigger price is met.
Had a bad experience once with SL-M order in the cash market. Check my post at the below link:
Hi @Soundar_Raj @umabathy I buy put and call at the same time but with a balance .
1 buy 10 lot nifty CE of 10350 when nifty at 10150 to 10250 level last week on tuesday
And at the same tym I bought 99500 PE… So when nifty cross 10250 or more you see your CE give you more than 12000 k profit than your loss in 9950 PE
I mean net profit 12000 so squredoff both the position at the same tym with 12000 in hand .
( sir I can’t remember my spot level of nifty that day only remember my profit )
This is my strategy I trade only nifty because lost so much capital in stock option.
I can’t suggest you any thing in this platform but try it once . with less capital I mean 2 to 3 lot. And observe your profit or loss . and one more thing I observed in this type of strategy that after 2 45 PM movement on both PE and CE is positive I mean if I gain 27000 in CE and losing 15000 in PE at that tym slowly gain in PE and CE both so I close my trade after 3 pm to gain 2 or 3 k more…
So sir if you try this I can say you definetly not gain more but your loss will be minimized andneglected and at end of the day you closed in green .
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Thank u so much for sharing Ur strategy.
Today I booked profits in SBIN, ONGC, Infratel.
Good, what is ur target for Lupin tomorrow ?
Hello Sushilji,
Does this strategy also work with Banknifty ??
I Don’t know why people only showing their Profits and covering their losses by Cropping.
Will not judge anyone by their Profits & Loss.
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Profit in BPCL, Infratel, Infosys and loss booked in Axis Bank. Overall in profit of Rs 1430.
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How? You took sell side?
Axis Bank is up 8.52℅